good profit result, page-16

The market is getting slaughtered "yet again". The unfortunate part is we have not seen anywhere near the start of the really bad news coming (unemployment is to be the largest growth industry in decades).

Far too many companies are too heavily geared to stave off this downturn, which if you read the signs will continue for many many more years.

Of the few stocks well positioned, CVN will be one of the least effected. Reality is that CVN is a safe haven and beacon of stability. The only real negativity effecting CVN is "the sky is falling" market sentiment.

At the moment most people with money in the market are feeling like rabbits in the headlights of the marksman. I imagine those trapped by high entry points are just hoping and preying their company isn't being run by amateurish fools like Rudd/Swan.